7. During a holiday season, an amusement park offered a discount of 20% on entry ticket for kids. On a particular day, the collection from the sale of kids' tickets was 50,000. Had the discount not been offered; how much would have been the collection?
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Answer:
let without discount collection =x
after 20%discount collection = 50000
x×80/100= 50000
x=50000×(5/4)
x= 62500
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